Mr. Speaker, I want to thank my colleague for basically asking us what we do not like about this deal with Panama. Quite clearly, Panama is a country that encourages tax evasion and money laundering. Its structure is one where there are literally hundreds and hundreds of paper corporations established in that country to take advantage of its lax rules. Does the hon. member have an understanding of what it is costing the Canadian economy for these types of activities: tax evasion, money laundering and the kinds of things the Panamanian government has refused consistently to fall into line on with international standards? Does the member have an answer to that?
In the House of Commons on June 19th, 2012. See this statement in context.